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are disproportionately coming from the recreational sales and it's taxed at a much higher rate than medical marijuana. >> what about the a point of ps saying about this. >> people driving, increased available for children. but with these numbers coming and. >>> & predictions of over $1 million of tax revenue for the year, the numbers really speak for themselves at this point. >> ball in a snowy denver, colorado, thanks very much. >>> from pot to politics. the '60s was an era defining -- define er defining r that decade. one period changed everything. 50 years later david shuster shows us how our nation wings redefined start building an iconic moment? sports. >> reporter: it was 50 years ago today in miami when be around dog named cas cassius clay won e heavyweight crown beating son i listosonnylisten more controvers what he said afterward. >> ain't nobody going to stop me. >> reporter: liston never knew what hit him and neither did the world. because clay's bravado was just the beginning. the next month he embraced islam and became mohamed ali. it was a knockout punch to american cu
are disproportionately coming from the recreational sales and it's taxed at a much higher rate than medical marijuana. >> what about the a point of ps saying about this. >> people driving, increased available for children. but with these numbers coming and. >>> & predictions of over $1 million of tax revenue for the year, the numbers really speak for themselves at this point. >> ball in a snowy denver, colorado, thanks very much. >>> from pot to politics....
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Mar 6, 2014
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. >> the american people believe, or as i have, and as i always did, that we pay tax dollars to punish, incarcerate and punish. the reality is we warehouse people. >> but none of this changes kerik's view of law enforcement. police officers he says need tools like new york's controversial stop and frisk policy. >> i think stop and frisk is an excellent tool for the police department to address crime, violent crime. but it can't be abused. it's got to be monitored. it has to be tracked. it has to be transparent. i'm different in the way i see the criminal justice and prison system. but i still believe that the law and order should stand. i believe in all that stuff. >> in the city where he made his mark, salvaging good in the face of evil, bernie kerik says he doesn't like to look back. he hasn't even been to the freedom tower site, rising from the rubble where world trade center once stood. kerik walks through the bustle of his old beat and looks at how much the world has changed. good it looks like disney. it is a different atmosphere, people are having fun. i love it, the thing i lov
. >> the american people believe, or as i have, and as i always did, that we pay tax dollars to punish, incarcerate and punish. the reality is we warehouse people. >> but none of this changes kerik's view of law enforcement. police officers he says need tools like new york's controversial stop and frisk policy. >> i think stop and frisk is an excellent tool for the police department to address crime, violent crime. but it can't be abused. it's got to be monitored. it has to be...
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. >> interestingly all these subsidies and all that there are higher taxes and some salaries are lower, but, again, the rate of happiness of the people in the netherlands seems to be very high, unemployment is comparable to the united states. so it seems like the country is doing just fine and if the kids are happy that's a good thing. it's good to see you. again, your blog is finding dutch land, it's a pressure to have you on the show. >>> and the show may be over but the conversation continues on our website, aljazerra.com/considerthis or on our facebook or google plus pages and on twitter at ajconsiderthis, we'll see you next time. vitaly klitschko >> good evening, everyone. welcome to al jazeera america. i'm john seigenthaler, in new york. >>> arizona showdown. high stakes and emotion in the battle over a bill blasted at antigay - will it be signed for not. >> coming home. with the afghan security deal in lim limbo, president obama's plan to bring all troops out of the country by the end of the year. >>> a big coin
. >> interestingly all these subsidies and all that there are higher taxes and some salaries are lower, but, again, the rate of happiness of the people in the netherlands seems to be very high, unemployment is comparable to the united states. so it seems like the country is doing just fine and if the kids are happy that's a good thing. it's good to see you. again, your blog is finding dutch land, it's a pressure to have you on the show. >>> and the show may be over but the...
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Feb 26, 2014
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. >> interestingly all these subsidies and all that there are higher taxes and some salaries are lower, but, again, the rate of happiness of the people in the netherlands seems to be very high, unemployment is comparable to the united states. so it seems like the country is doing just fine and if the kids are happy that's a good thing. it's good to see you. again, your blog is finding dutch land, it's a pressure to have you on the show. >>> and the show may be over but the conversation continues on our website, aljazerra.com/considerthis or on our facebook or google plus pages and on twitter at ajconsiderthis, we'll see you next time. >> announcer: this is al jazeera. ♪ >>> and a warm welcome from me david foster to this al jazeera news hour. these are some of the stories we're covering in detail in the next 60 minutes. russian protesters and ukrainian loyalists faceoff as russia's president puts military forces on alert. >>> demonstrations too this time in turkey. the allegation of corruption will not
. >> interestingly all these subsidies and all that there are higher taxes and some salaries are lower, but, again, the rate of happiness of the people in the netherlands seems to be very high, unemployment is comparable to the united states. so it seems like the country is doing just fine and if the kids are happy that's a good thing. it's good to see you. again, your blog is finding dutch land, it's a pressure to have you on the show. >>> and the show may be over but the...
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against obama-care, which we are, we need leaders that are only going to say that we are against higher taxes which we are. we are against a bigger government, we are against more inintrusion into our constitutional rights. we are against all those things but we need to also talk about what we are for. we need to talk about the fact that we are for a free market society, that allows your effort and your engine knewty to determine your success, not the cold hard hand of government. he talked a lot about his fellow governors and all they have to answer to the party. >> libby, you have been talking to these, what is -- generally speaking the move like. thousands of people here a lot of young people, college students who come here on buss to participate in this, and what i heard from a lot of them, that they like the politicians with the executive experience. they like the governors, we are talks about the governors of ohio, for some of them the governor of new jersey, but they like people that are outside the belt way that can pose a problem for the inside washington folks like marco rube bow, w
against obama-care, which we are, we need leaders that are only going to say that we are against higher taxes which we are. we are against a bigger government, we are against more inintrusion into our constitutional rights. we are against all those things but we need to also talk about what we are for. we need to talk about the fact that we are for a free market society, that allows your effort and your engine knewty to determine your success, not the cold hard hand of government. he talked a...
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. >> interestingly all these subsidies and all that there are higher taxes and some salaries are lower, but, again, the rate of happiness of the people in the netherlands seems to be very high, unemployment is comparable to the united states. so it seems like the country is doing just fine and if the kids are happy that's a good thing. it's good to see you. again, your blog is finding dutch land, it's a pressure to have you on the show. >>> and the show may be over but the conversation continues on our website, aljazerra.com/considerthis or on our facebook or google plus pages and on twitter at ajconsiderthis, we'll see you next time. >> >> president obama issues an ultimatum to afghan president hamid karzai - sign an agreement or u.s. troops will leave the country by the end of the year. >> i'm not from east, i'm not from west. imukraine. >> uniting a divided nation - a major city where ukraine's revolution is not welcomed by the soviet generation. >> plus, peril for the produce industry. why some healthy snacks may become forbidden fruit. >>
. >> interestingly all these subsidies and all that there are higher taxes and some salaries are lower, but, again, the rate of happiness of the people in the netherlands seems to be very high, unemployment is comparable to the united states. so it seems like the country is doing just fine and if the kids are happy that's a good thing. it's good to see you. again, your blog is finding dutch land, it's a pressure to have you on the show. >>> and the show may be over but the...
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. >> i decided to take control of the military, armed forces, navy, tax and military, all commanders take orders from me, those that disagree, pleas resign. >> that scarce the crimea tattar population, many expelled by stalin. >> it's the first time in modern history that crimea lived under such conditions. they have taken over military bases. the society is filled with fear, afraid of everyone is everything. >> 400 miles north, in cashing i've -- karkiv. in kiev former opposition leader now presidential candidate vitaly klitschko appealed for calm. >> translation: i urge everybody, no provocations, no calls for separatism, no violence or anarchy. legal and democratic societies are formed in ukraine. all have to show their patriotism and uni. >> signs of things to come. men in camouflage damaged ukrainian communications equipment. one mystery solved. the men in uniform that took over airports and other strategic locations are crimean riot police, intelligence forces, security personnel and some officers of russia's black sea fleet, according to the prime minister of crimea. there are
. >> i decided to take control of the military, armed forces, navy, tax and military, all commanders take orders from me, those that disagree, pleas resign. >> that scarce the crimea tattar population, many expelled by stalin. >> it's the first time in modern history that crimea lived under such conditions. they have taken over military bases. the society is filled with fear, afraid of everyone is everything. >> 400 miles north, in cashing i've -- karkiv. in kiev former...
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Feb 26, 2014
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com in a we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. predibut, manufacturings a prettin the united states do. means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. >>> a new documentary premieres tonight at 10:00 p.m. eastern time right here on cnbc. did you know there are about 6600 new pot users per day?
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com in a we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them...
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what happens to home price appreciation -- >> you put in the tax deduction in your model as well? >> that's all in there. >> not many people want to buy nowadays versus rent. >> the challenge is lots of people aren't even in the game of whether to buy or rent. if you haven't saved enough for a down payment, you can't qualify for a mortgage, you can't find a house to buy, then it doesn't do you much good that buying looks 38% cheaper than renting nationally. >> where is the spot, the local market, where it is actually better to rent than to buy? >> at the metro level, it comes closest in honolulu but still 5% cheaper to buy than rent there. bay area, san francisco, 13% cheaper to buy than to rent. remember, that's if you stay put for seven years, itemize your tax deductions and get a 4.5% mortgage. if you don't stay as long or don't itemize or can't get the best prevailing mortgage rate, buying won't look as good and renting may be the better deal especially if you don't stay seven years. >> thank you. diana, great to see you on set. >> you have the most polite of all reporters. li
what happens to home price appreciation -- >> you put in the tax deduction in your model as well? >> that's all in there. >> not many people want to buy nowadays versus rent. >> the challenge is lots of people aren't even in the game of whether to buy or rent. if you haven't saved enough for a down payment, you can't qualify for a mortgage, you can't find a house to buy, then it doesn't do you much good that buying looks 38% cheaper than renting nationally. >>...
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it's a tax hike. here now is former dnc chair howard dean and grover norquist, founders of americans for tax reform. grover, let me ask you this. i thought -- i know it's a tax hike. that's the easy part, but i thought when president obama was making one of his 30 changes without any legislative help, he said people with canceled plans could renew the plans, and he knew that would take a long time, and he was there for waiving the tax penalty for this year, which the i.r.s. is putting out as a threat. am i wrong? are they waiving the tax hike or not? >> well, they're promising to do it in some cases. however, the tax tips they put out kind of blows the cover, in thehood lines tax tips. inside nine times it's the shared responsibility payment, which is a long way of avoiding the word "taxes." it's only $95 this year. it goes up to $2,000 or more, at least minimum of 2085 in the future, so this tax is not only growing, and it's the shared responsibility payment if you're a democrat talking about it, but
it's a tax hike. here now is former dnc chair howard dean and grover norquist, founders of americans for tax reform. grover, let me ask you this. i thought -- i know it's a tax hike. that's the easy part, but i thought when president obama was making one of his 30 changes without any legislative help, he said people with canceled plans could renew the plans, and he knew that would take a long time, and he was there for waiving the tax penalty for this year, which the i.r.s. is putting out as a...
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Feb 26, 2014
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but the wealthy have found new ways to avoid taxes. puerto rico, the kamens, singapore and other locations are getting business from those diverted from switzerland. it's like whack-a-mole tax evasion. >> that's what you did, right, guy? >> don't lump me in. rogue trader. rogue banker. rogue trader. these were the cats that were studs until they get caught. the only difference between a partner and a rogue trader is whether you made or lost money. that's the truth, folks. don't give me the rogue banker stuff. they knew what was going on the whole time. guy adami has spoken. >> there's two facts that don't square. the fed is saying these are 22,000 accounts. 95% of them were not reported to irs. therefore, illegal. you have credit suisse saying, this was just a few guys. a few guys are not going to be running 20,000 accounts. one of the two are wrong. just because you have a swiss bank account doesn't mean you're doing something illegal. the problem is, they can't get information from that because swiss law forbids banks right now from
but the wealthy have found new ways to avoid taxes. puerto rico, the kamens, singapore and other locations are getting business from those diverted from switzerland. it's like whack-a-mole tax evasion. >> that's what you did, right, guy? >> don't lump me in. rogue trader. rogue banker. rogue trader. these were the cats that were studs until they get caught. the only difference between a partner and a rogue trader is whether you made or lost money. that's the truth, folks. don't give...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. >>> welcome back to "power lunch." check out this very s
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low...
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this tax reform, lowering tax rates one of the best ideas. just because we have a president that believes in tax redistribution and class warfare doesn't mean we shouldn't say what we think is the right way to go. >> let me ask you as an investor and capitalist and entrepreneur in this country about an idea that i think your party floated that i am really concerned about. you want to tax me 10% surcharge on my income over 450,000 and apply common income taxation to capital gains. that i can ensure you is a bad idea. i speak on behalf of everybody that puts capital in harms way to create businesses. bad idea. i hope you are not going to push that forward. >> i don't want to do things like this but when we are dealing with the code we have and trying to replace it with revenue neutral code we have to do broadening. we are talking about lowering rates across the board. i think you are talking about private equity. the key is we are bringing the rates on ordinary income down to 25% and a few down to 35%. effective top tax rate on individual incom
this tax reform, lowering tax rates one of the best ideas. just because we have a president that believes in tax redistribution and class warfare doesn't mean we shouldn't say what we think is the right way to go. >> let me ask you as an investor and capitalist and entrepreneur in this country about an idea that i think your party floated that i am really concerned about. you want to tax me 10% surcharge on my income over 450,000 and apply common income taxation to capital gains. that i...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back. dow's down about 12 points. a lot of retail news out this morning, guys, and in general being received fairly well as we talked about with jim in the last hour, david, maybe the spring thaw is happening not just with weather but investors' attitude toward retail. >> as jim was walking out, he was muttering to himself, in the background, the stocks are all up. dollar tree puts out a not great. don't read the releases. just buy the stocks. >> what's the reason? there are some announcements of share repurchases, investors like that, but guidance doesn't seem to be fazing the traders. >> let's go to rick santelli for the home sales. >> holy cow, up 9.6% on january new home sales. now, 414 was last month originally for december that was down 7%. that was upgraded to 727,000, so they almost cut the losses in half to 3.8. this number is now 468,000. so, let's go through
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back. dow's down about 12 points. a lot of retail news out this morning, guys, and in general being received fairly well as we talked about with jim in the last hour, david, maybe the spring thaw is happening not just with weather but investors' attitude toward retail. >> as...
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Feb 27, 2014
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we're either going to control the availability of foods, we're going to tax certain foods, we're going to sue people because they're selling certain foods. that's a bridge too far. >> is that just speculation or is that what's happening? >> rick wants to make it sound like the government will storm into your home and take the doritos out of your cupboard. that's not what's being proposed. michelle obama is updating a policy that went into effect under the bush administration. it's 20 years old. science has evolved. time to emphasize some nutrients, taking some off. this is tweaking with what americans are used to and use pretty regularly. >> come back for a second. because the government can come storming into your home. >> not to take your doritos. >> well, there was an amish farmer who created a buying group very similar to the dallas buyers club for whole milk. it's illegal to sell raw milk in pennsylvania. not legal to take it across the border. he had customers in maryland. the federal government attacked his farm in order to stop him. if you the look at the dallas buyers club, wh
we're either going to control the availability of foods, we're going to tax certain foods, we're going to sue people because they're selling certain foods. that's a bridge too far. >> is that just speculation or is that what's happening? >> rick wants to make it sound like the government will storm into your home and take the doritos out of your cupboard. that's not what's being proposed. michelle obama is updating a policy that went into effect under the bush administration. it's...
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Feb 27, 2014
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last i checked everyone else's taxes are taxed at a normal income tax rate. joining us is michael. can you just explain the significance of this loophole? we're talking real money, right? >> we're talking real money, erin. we're talking about a lot of money. i mean, this would basically double the tax that venture capitalists and private equity investors have to pay every year. you've been right on this all along. it's inconsistent with current tax policy. so, yeah, i mean, these guys have gotten a big break. i don't blame them. i wish i could have figured out how to get that break. it's terrific. but now the republicans are saying we should change that law, and look at this, we've got republicans saying, we're going to raise taxes on the rich in this area and lower the overall rate, which makes much more economic sense. >> what i'm curious about though is why it has taken so long. the president keeps putting it in his budget but he's always willing to negotiate this out. this is a loophole. there's not very many people who benefit from it. they are incredibly wealthy. a, it would
last i checked everyone else's taxes are taxed at a normal income tax rate. joining us is michael. can you just explain the significance of this loophole? we're talking real money, right? >> we're talking real money, erin. we're talking about a lot of money. i mean, this would basically double the tax that venture capitalists and private equity investors have to pay every year. you've been right on this all along. it's inconsistent with current tax policy. so, yeah, i mean, these guys...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com which will cause me to miss the end of the game. the x1 entertainment operating system lets your watch live tv anywhere. can i watch it in butterfly valley? sure. can i watch it in glimmering lake? yep. here, too. what about the dark castle? you call that defense?! come on! [ female announcer ] watch live tv anywhere. the x1 entertainment operating system, only from xfinity. >>> now a tale of two nugent brothers. former and neutrogena and revlon ceo jeff doesn't agree with his brother's rhetoric or all of his politics. during our interview yesterday, ted credited his brother jeff for helping him to decide to change his ways. >> whether it's my wonderful wife, my brother jeff and john or someone like you, people around me think i'll be more effective if i back off that rock 'n' roll stage rhetoric. >> jeff joins me now. thanks very much. and i'm glad you came out front because a lo
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com which will cause me to miss the end of the game. the x1 entertainment operating system lets your watch live tv anywhere. can i watch it in butterfly valley? sure. can i watch it in glimmering lake? yep. here, too. what about the dark castle? you call that defense?! come on! [ female announcer ] watch...
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them and by the way, the 1% get taxed at 38%. the middle class we're trying to help only pail 12 on average. the numbers don't support the idea of trying to steal from the rich and give to the poor. this isn't a robin hood. >> steal say strong word. >> look, you can't do that. you can't just decide to come out of the blue and say i'm going to change policy, change the rules on you who have taken all the risk and created jobs. that doesn't work. these are what, would. less government, less taxation, less regulations and let the men and women in small business create those jobs for us. they don't need more government. they needless. >> what's interesting, you're going about it from a very different way than the president. but it seems to me people like you actually agree with him on something that's very important. >> what would that be? >> let me play it for you. i have it here. >> no matter who you are, where you come from, what you look like, how you started out, if you are willing to work hard and take responsibility, you can g
them and by the way, the 1% get taxed at 38%. the middle class we're trying to help only pail 12 on average. the numbers don't support the idea of trying to steal from the rich and give to the poor. this isn't a robin hood. >> steal say strong word. >> look, you can't do that. you can't just decide to come out of the blue and say i'm going to change policy, change the rules on you who have taken all the risk and created jobs. that doesn't work. these are what, would. less...
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. $1.8 trillion in new tax. he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because we're in an election year and that may be why. it's happening nevertheless. i don't know the reasons but he's moving to the left and it makes it hard to bridge to the gap. >> democrats will say they have tried to extend a hand and have not been reciprocated. >> we have a budget agreement. i want to see us build on that success. >> give me a preview of what the paul ryan budget will look like. in years past a lot of the saving have come from overhauling medicare and medicaid. are those proposals include in the paul ryan 2015 bu
. $1.8 trillion in new tax. he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because...
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superhigh tax. that is the other part of the thing is, no one says i am sorry. it is not stopping anyone from buying this. just in virginia. go ahead. disclosure, ill was a big stoker for many years. i quit about 14 years ago when my son came along. we used to call it nature's prozac. there is another side to this. our founding fathers notoriously had marijuana. they grew it for different reasons. i am sure they smoked it a little bit, but there is another business part that can come out of this. fibers of marijuana, the actual plant are very strong. paper make clothes, for books. there is a wide range of stuff you can use for this. it seems to me that this could stoners span out into saying let's start making t-shirts. they get a co-op going and making it this way. this could be a little bit more money than just the tax revenue that comes from it. guest: yes. it is growing by leaps and bounds. those of us of a certain age will remember if you grew up in several areas or spent time in was growing this wild in the 1960's, especially during world war ii, tons of h
superhigh tax. that is the other part of the thing is, no one says i am sorry. it is not stopping anyone from buying this. just in virginia. go ahead. disclosure, ill was a big stoker for many years. i quit about 14 years ago when my son came along. we used to call it nature's prozac. there is another side to this. our founding fathers notoriously had marijuana. they grew it for different reasons. i am sure they smoked it a little bit, but there is another business part that can come out of...
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Feb 26, 2014
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it includes the tax of the all economic regulations are transparent act. this legislation, madam chair woman is unnecessarily burdensome for agencies. agencies are already required to provide status updates twice a year on their plans for proposing and finalizing rules pursuant to the regulatory flexibility act and executive order 12866. this legislation would require agencies to report monthly. they are already required to report twice a year. this takes them to monthly. it's incredibly burdensome on agencies, but the most egregious provision in title 1 would prohibit agency rules from taking effect until the office of information and regulatory affairs required by the bill online for at least six months. from the notice and comments requirements of the administrative procedure act or if the president issues an executive order, therefore it delays most regulations by an additional six months. and i think we can all agree that transparency in the rulemaking process is a good thing, but this bill sacrifices common sense in the name of improving transparency
it includes the tax of the all economic regulations are transparent act. this legislation, madam chair woman is unnecessarily burdensome for agencies. agencies are already required to provide status updates twice a year on their plans for proposing and finalizing rules pursuant to the regulatory flexibility act and executive order 12866. this legislation would require agencies to report monthly. they are already required to report twice a year. this takes them to monthly. it's incredibly...
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Mar 2, 2014
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he has his own ideas about tax policy. again, it is a forum for airing ideas about the broader economy. you want be seeing the summit -- senate democrats be doing their own budget plan. the field the december agreement put the spending caps in place. the republicans will do their own plan, which will contrast with the administration's blueprint. >> house republicans met and talked about alternatives to the health care law. next week, there is a bill scheduled. what about the bill and what is the current republican strategy? >> they obviously still object to obamacare. i think they have moved away from trying to repeal it. now they are going after individual pieces. the measure coming up next week has the same effect the bill the house passed has. it draws on the gop administration that they are giving relief for the mandate. last time this came up, it attracted almost two dozen democratic votes. it will be interesting to see if they vote along with it. nancy pelosi blasted the bill, saying it would drive up premiums. it is
he has his own ideas about tax policy. again, it is a forum for airing ideas about the broader economy. you want be seeing the summit -- senate democrats be doing their own budget plan. the field the december agreement put the spending caps in place. the republicans will do their own plan, which will contrast with the administration's blueprint. >> house republicans met and talked about alternatives to the health care law. next week, there is a bill scheduled. what about the bill and what...
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Mar 2, 2014
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walking into pay their taxes with briefcases full of cash. it is really quite insane. until the federal government says maybe this is not a class one drug, maybe that will balance out in some way. secessiono sure it is necessarily, but you have the federal government and the state government that is really an opposition right now, at least in terms of pure law. host: talking with harry smith about his special that debuted last night. if you missed it, it will re-air tonight at 8:00 eastern time. judy, republican collar. -- caller. this is theink wrong thing they are trying to do in florida. it isally when they say from god and grows from earth. so does oil humming out of the ground. are we supposed to drink that, to. i have a nephew on this for years and years and i pray every day god would deliver him. to me, i think a lot of people i know smoke this. a lot of them have bipolar and act crazy. a sad society that we are living stoned we have to stay all the time. get god in your heart, and you will have a natural hat. -- high. guest: no doubt about that. which re-airs,
walking into pay their taxes with briefcases full of cash. it is really quite insane. until the federal government says maybe this is not a class one drug, maybe that will balance out in some way. secessiono sure it is necessarily, but you have the federal government and the state government that is really an opposition right now, at least in terms of pure law. host: talking with harry smith about his special that debuted last night. if you missed it, it will re-air tonight at 8:00 eastern...
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Feb 28, 2014
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are they paying taxes? there's been studies to show they pay some, they might not be paying others. we need to fix this. i've gone to town halls in the most conservative parts of my district and i say, is there anybody here who thinks immigration system is working great? i haven't met a single constituent who does. they want it fixed. they want to make sure that people are required to get right with the law and get in line behind people who did it the right way and are already in line for an eventual green card or citizenship. that's exactly what the bipartisan bill proposes. it provides a way that people can register with the law, mandatory workplace authentication to ensure that anybody who gets a job going forward has at least a provisional status that allows them to have that job. only about -- under 10 pk%, i think it's 8 -- 10%, i think it's 8% or 9% of companies in this country use e-verify. we need to improve e-verify. we need to make sure there's money in the bill to make sure it's correct. and we immediate to make it mandatory -- and we need to make it mandatory. an get in
are they paying taxes? there's been studies to show they pay some, they might not be paying others. we need to fix this. i've gone to town halls in the most conservative parts of my district and i say, is there anybody here who thinks immigration system is working great? i haven't met a single constituent who does. they want it fixed. they want to make sure that people are required to get right with the law and get in line behind people who did it the right way and are already in line for an...
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Feb 26, 2014
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speaker, this republican tax plan, radical tax plan will for the first time tax workers for their health insurance benefits that they are provided through their job and taxed previously untaxed social security income. the question again is, whose side are they on? with that, mr. speaker, i'd like to yield three minutes to the gentleman from new jersey, my friend, mr. bill pascrell. the speaker pro tempore: the gentleman from new jersey is recognized for three minutes. mr. pascrell: thank you, mr. speaker. have the greatest respect for sincerely the good doctor. i think he's a reasonable man, a good person. but when you're explaining, you're losing. i rise in strong opposition to this legislation. after we learned last year about the inexcusable way the i.r.s. evaluated applications for tax-exempt status -- because that's what is at the heart of this issue -- i was hopeful we could have a bipartisan response. after all, it was not only conservative groups, as you've heard, that had their applications sing naled out simply because of words -- signaled out simply because of words tea party,
speaker, this republican tax plan, radical tax plan will for the first time tax workers for their health insurance benefits that they are provided through their job and taxed previously untaxed social security income. the question again is, whose side are they on? with that, mr. speaker, i'd like to yield three minutes to the gentleman from new jersey, my friend, mr. bill pascrell. the speaker pro tempore: the gentleman from new jersey is recognized for three minutes. mr. pascrell: thank you,...
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Feb 26, 2014
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a 501-c, that section of the tax code that deals with tax exempt organizations. you have 501-c-3's, able to do get out the vote work, voter registration work, candidate forums. 501-c-4's are where the administration is regulating and that's the source of the scandal, the targeting of american citizens based on their political beliefs, and 501-c-5 those are the labor unions in this country. what folks need to understand is, as we sit here today, all of these groups can do get out the vote work, all these groups can do voter registration work, all these groups can do candidate forums. why? because it advances our republic. it advances the cause of freedom and discourse in america, but this, mr. speaker, is what the administration is proposing. it's proposing for 501-c-5's, labor unions, to continue doing all of that material. for 501-c-3's to continue doing all of that, but the 501-c-4's, the very same 501-c-4s that were targeted by the i.r.s. on the basis of their political beliefs, those groups and those roups alone would be silenced. mr. speaker, america is not
a 501-c, that section of the tax code that deals with tax exempt organizations. you have 501-c-3's, able to do get out the vote work, voter registration work, candidate forums. 501-c-4's are where the administration is regulating and that's the source of the scandal, the targeting of american citizens based on their political beliefs, and 501-c-5 those are the labor unions in this country. what folks need to understand is, as we sit here today, all of these groups can do get out the vote work,...
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Feb 27, 2014
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tax code and collapses seven tax brackets into two. it also says that the joint committee on taxation estimates the plan would create up to 1.8 million new jobs, boost growth domestic product and increase the income of an average family. among other provisions, he said it was sure the depleted highway 126 .5 billion of dedicated funds. tax long-term capital gains and dividends as ordinary income. democrats have often decried that particular exemption as a giveaway to the rich. in the editorial pages this dave camp's plan would yield $700 billion in extra dynamic resident -- revenue. weaknesses in the plans are due to trying to offer something that might attract a democratic president and senate. republicans are skeptical, believing they can coast to gains in november by attacking obamacare. on mr.nt to avoid voting camp's plan in the house. they need a positive agenda, especially for lifting growth and incomes. the gop has made clear it is for cutting deficits and now it needs to restore his reputation as the growth party. mr. camp's p
tax code and collapses seven tax brackets into two. it also says that the joint committee on taxation estimates the plan would create up to 1.8 million new jobs, boost growth domestic product and increase the income of an average family. among other provisions, he said it was sure the depleted highway 126 .5 billion of dedicated funds. tax long-term capital gains and dividends as ordinary income. democrats have often decried that particular exemption as a giveaway to the rich. in the editorial...
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Mar 6, 2014
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that is a future tax on them. we are putting your retirement security at risk and our children's retirement security at risk. we have to reform these programs so they protect you and them. it is not one generation. i am cautious about putting one generation against another. host: how will you vote when the house votes on a $1 billion aid package to you crying? guest: -- to ukraine. guest: i will support it, it is a loan program. it says the correct message. host: is it adequate? good first step. the eu did $15 billion. it keeps us involved in the negotiations and is important. the: lots of stories in newspaper. "the new york times" and "wall street journal, go putting pressure on the u.s. to expedite the exporting of our natural gas. help ease europe off of their dependence on russia and put more pressure on russia. guest: if they are buying gas or oil from the u.s. or any place in this hemisphere, that will reduce revenue going into the russian treasury, which will put pressure on because russia is a big exporter
that is a future tax on them. we are putting your retirement security at risk and our children's retirement security at risk. we have to reform these programs so they protect you and them. it is not one generation. i am cautious about putting one generation against another. host: how will you vote when the house votes on a $1 billion aid package to you crying? guest: -- to ukraine. guest: i will support it, it is a loan program. it says the correct message. host: is it adequate? good first...
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Feb 28, 2014
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property taxes go up at the local level. state income taxes go up there. all because we believe that we know what is best here in washington, d.c., on how to implement rules and regulations. mr. speaker, i would suggest that during the first term of the obama administration we saw a 10% increase in regulatory budgets. now, that's a 10% increase in regulatory budgets when the average american hardworking taxpayer saw their budgets go down. there's something wrong with this, mr. speaker, and as we start to look at that, there was a study in 2011, a study in 2011 that said with each 5% reduction in regulatory process, you can create 1.2 million jobs. well, mr. speaker, we have a problem with creating jobs here, and this is a commonsense solution to rein in what is happening here in washington, d.c., and allow that control to go back to the states and local governments. so the bottom line, mr. speaker, is this. to vote against this is a vote against that says we know better how to do business here in washington, d.c., than the elected officials in state and co
property taxes go up at the local level. state income taxes go up there. all because we believe that we know what is best here in washington, d.c., on how to implement rules and regulations. mr. speaker, i would suggest that during the first term of the obama administration we saw a 10% increase in regulatory budgets. now, that's a 10% increase in regulatory budgets when the average american hardworking taxpayer saw their budgets go down. there's something wrong with this, mr. speaker, and as...
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Mar 5, 2014
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and he would pay for it with revenue from tobacco taxes. a great idea. similarly he would take $4 billion in subsidies we give the oil and gas industry, invest it in new cleaner alternative energy. he takes $300 billion and invest it in surface infrastructure. i was just over in uzbekistan this month, they have a faster, more modern rail system than we do as does china. those are the kind of good ideas that could move this country forward that this congress should embrace. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from california rise. without objection, the gentleman s recognized for one minute. >> thank you, mr. speaker. i rise today to remember and ask this house to adjourn in the memory of a dear friend from rich vail, california. mr. howl, who passed away on january 29. mr. lamalfa: he was a long time community leader, early in his life he served in our united states air force in world war ii. he was born in chesterfield, idaho, later moving to kingsburg in central valley,
and he would pay for it with revenue from tobacco taxes. a great idea. similarly he would take $4 billion in subsidies we give the oil and gas industry, invest it in new cleaner alternative energy. he takes $300 billion and invest it in surface infrastructure. i was just over in uzbekistan this month, they have a faster, more modern rail system than we do as does china. those are the kind of good ideas that could move this country forward that this congress should embrace. thank you, mr....
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Mar 6, 2014
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taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the leap the administration has given us on this budget and fund the full 56 billion dollars. there will be differences how and whether we should do it. it seems to me to be absolutely clear that we need some bipartisan cooperation in order to achieve that. you three have been terrific in terms of your patients and we are grateful for your s ervice. smileary hale has a big on your face. we now stand adjourned with our thanks. [captions copyright national cable satellite corp. 2014] [captioning performed by national captioning institute] >>>> secretary of stat
taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the...
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Feb 27, 2014
02/14
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income tax. we need to cut the corporate rate to a real 25% and collapse the current six tax brackets to just two at 10% and 25%. we need to cut the capital gains tax, eliminate the inheritance tax. mr. williams: we need an improved r&d tax credit. and with these cuts we mood tone sure that hard-earned taxpayer tchars taken by the i.r.s. are no longer subject to waste, fraud, and abuse. in the end it's about simplifying and enabling businesses to compete worldwide putting more money into american's wallets creating cash flow and opportunity for america. it's a winning formula, it's worked before, let's try it again. in god we trust, i yield back. the speaker pro tempore: for what purpose does the gentleman from michigan sec recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> thank you, mr. chairman. yesterday, i signed a discharge petition in an effort to force an up or down vote on
income tax. we need to cut the corporate rate to a real 25% and collapse the current six tax brackets to just two at 10% and 25%. we need to cut the capital gains tax, eliminate the inheritance tax. mr. williams: we need an improved r&d tax credit. and with these cuts we mood tone sure that hard-earned taxpayer tchars taken by the i.r.s. are no longer subject to waste, fraud, and abuse. in the end it's about simplifying and enabling businesses to compete worldwide putting more money into...
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Mar 6, 2014
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since commissaries will continue to operate tax and rent free, they will still be able to provide more people with a very good deal as they should. we recommend simplifying and modernizing our three tri-care systems by merging them into one tri-care system with modest increases in co-pay and deductibles that encourage using the most affordable means of care. active duty personnel will still receive health care that is entirely free. this will be more effective and more efficient. it will let us focus more on quality. overall, everyone's benefits will remain substantial, affordable, and generous as they should be. president's defense budget is responsible, it is balanced, and it is realistic. strategyts our defense and defense this country and keeps our commitments to our people. not only ensuring that they are well compensated, but they have the best training and equipment in the world. however, these commitments would be seriously jeopardized by a to sequestration level spending. my submitted testimony details how sequestration would compromise our national security. the result of seq
since commissaries will continue to operate tax and rent free, they will still be able to provide more people with a very good deal as they should. we recommend simplifying and modernizing our three tri-care systems by merging them into one tri-care system with modest increases in co-pay and deductibles that encourage using the most affordable means of care. active duty personnel will still receive health care that is entirely free. this will be more effective and more efficient. it will let us...
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Mar 4, 2014
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i think corporate tax reform, child tax credit -- these are areas of discussion. i think most people on capitol hill believe expectations are low. this is an election year. a budgetl ryan having in the house. if he does not get democrats to support the budget plan, how likely is it republicans can move it on their own party boat? how much dissent will he run into? very: i think that is a tough question for chairman brian right now. when you look at the budget deal passed in december and brought up in the house, 62 republicans defect it on the budget deal. they did not like the compromises or how it was formed. one of the most popular republicans in the house. i would venture to say he has can eventical capital john boehner. he really carries weight with in the house. for someone with that kind of stature in the house on the key budget deal, 62 republican defections shows you how difficult it will be to pass his own budget. we did see this beaker talk about this project. balanced budget, does not have too much in terms of a budget deal or a deal towards compromise,
i think corporate tax reform, child tax credit -- these are areas of discussion. i think most people on capitol hill believe expectations are low. this is an election year. a budgetl ryan having in the house. if he does not get democrats to support the budget plan, how likely is it republicans can move it on their own party boat? how much dissent will he run into? very: i think that is a tough question for chairman brian right now. when you look at the budget deal passed in december and brought...
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Feb 26, 2014
02/14
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he would do away with a lot of safer tax breaks, as you know. this is something that has made most republicans very uneasy. they do not want to have attention drawn to anything that controversial. i would say the chances of tax reform this year are at best 10%. i'm being generous to even say that. next year with all ryan as head of the ways and means committee, things could change. then there is immigration. being an optimist who would like to see a bill, i think there is a chance that things could get a little more serious after the primaries. midsummer, when so many republicans are going to look over their shoulder to a right-wing challenger, i think immigration is totally off the table as an issue that could move. minimum wage -- i don't see that at all. congressional budget office which everyone likes to eat up on now has concluded that it could cost jobs. i think minimum wage is an issue for the states, not an issue that will move in congress. by the way, with each passing day, i think chances have diminished that you can get an extension o
he would do away with a lot of safer tax breaks, as you know. this is something that has made most republicans very uneasy. they do not want to have attention drawn to anything that controversial. i would say the chances of tax reform this year are at best 10%. i'm being generous to even say that. next year with all ryan as head of the ways and means committee, things could change. then there is immigration. being an optimist who would like to see a bill, i think there is a chance that things...
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Mar 6, 2014
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during that period of time there were four environmental studies done and, look, our tax dollars are limited. four environmental studies that had to be redone from start to finish because they became too old. they became outdated. that's money that's wasted. wasted. we can't afford to waste money or time or lives in making this economy better and creating jobs. i will in just a minute. if i have time left. i'd be glad to. 1998 e, this project in began to receive authorization and funding but it just started this month. these were people, constituents, not only those people living in central and north alabama whose commute was longer, people traveling through alabama. and i will submit the remainder of my remarks. i want to thank the gentleman from pennsylvania. the chair: the gentleman is recognized for an additional one minute. mr. bachus: thank you. i want to thank the gentleman from pennsylvania, mr. marino, for introducing this legislation. it will reduce the time it takes to review new construction projects and ensure that the permitting process is not endlessly held up in court
during that period of time there were four environmental studies done and, look, our tax dollars are limited. four environmental studies that had to be redone from start to finish because they became too old. they became outdated. that's money that's wasted. wasted. we can't afford to waste money or time or lives in making this economy better and creating jobs. i will in just a minute. if i have time left. i'd be glad to. 1998 e, this project in began to receive authorization and funding but it...
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Mar 6, 2014
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the first thing it does is it would provide a $25 tax credit, what we're calling the my voice tax credit, the $25 refundable tax credit to any american that makes a contribution to a congressional campaign in each of the two years of the election cycle. now, why do we do that? well, if you look at the numbers right now, you will see that a very small percentage of americans actually participate in the funding of campaigns. the funding is dominated by a small group that tend to be the more wealthy citizens in society, and ordinary americans out there are not getting into the role of helping to power campaigns on the funding side. we want to encourage them to do that. we want to say to those citizens who want to support a good candidate who is turning to them and listening to their concerns, we want to say to those citizens, if you're willing to put $15 or $20 or $25 behind that candidate who stands for the right thing, we'll help you do that. we'll provide this tax credit to make it a little bit easier for you to step up and be part of the solution. so the my voice tax credit does exactly
the first thing it does is it would provide a $25 tax credit, what we're calling the my voice tax credit, the $25 refundable tax credit to any american that makes a contribution to a congressional campaign in each of the two years of the election cycle. now, why do we do that? well, if you look at the numbers right now, you will see that a very small percentage of americans actually participate in the funding of campaigns. the funding is dominated by a small group that tend to be the more...
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Mar 2, 2014
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to get fair taxes. we actually believed the things that the republican party stood for. that too is our big crime. they called us the bad boy republicans. now, to be referred to as a tea party patriot makes my life a lot easier. my wife did not like the bad boy republican thing. i want you to know what brought me back because i left for 12 years. i kept my term limit pledge. i never thought i would come back again. when i left, we had balanced the budget for the first time in 40 years. in 1998 we balance the budget. the year i left, in 2000, we have a $247 billion surplus. the federal budget was $1.7 trillion. fast forward 12 years, i see what happened 2010, with you glorious patriots standing up and fighting against the most to radical -- tyrannical president that we have ever had in the history of america. my juices just are flowing. i get energized. these patriots were on the mark. in 2012, i decided to come back and run again. i believe, with all my heart, that this movement is growing. you have heard from folks in the media, the liberals, we refer to it as the mains
to get fair taxes. we actually believed the things that the republican party stood for. that too is our big crime. they called us the bad boy republicans. now, to be referred to as a tea party patriot makes my life a lot easier. my wife did not like the bad boy republican thing. i want you to know what brought me back because i left for 12 years. i kept my term limit pledge. i never thought i would come back again. when i left, we had balanced the budget for the first time in 40 years. in 1998...
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Mar 3, 2014
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as a regular business, my overhead is high and in new york, i have high taxes. it is fiscally responsible to drop health care altogether. to find a way that i can keep my employees with health insurance but shopping the marketplace, it's better for them. i know the quality of health care will go down because we have very good health insurance but i am stuck in between keeping my doors open and taking care of my employees. where does someone go from there? host: when do you have to make a final decision? guest: i have to make a decision by december. i have started shopping and have spoken to a couple of other small businesses in the area about possibly coming together. new york does not allow you to do that and create consortiums. we have to create a larger parent company and then we would become subsidiaries of a larger company. that is something i don't want to deal with. i would religious control of my business. -- i would relinquish control of my business. guest: new york state is running its own exchange, have you looked at the options on the new york state
as a regular business, my overhead is high and in new york, i have high taxes. it is fiscally responsible to drop health care altogether. to find a way that i can keep my employees with health insurance but shopping the marketplace, it's better for them. i know the quality of health care will go down because we have very good health insurance but i am stuck in between keeping my doors open and taking care of my employees. where does someone go from there? host: when do you have to make a final...
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Mar 1, 2014
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she supported higher taxes, too. more taxes on water and tv. alex sink -- another tax spender can'tlorida can afford -- afford. host: are those the kind of ads we will be seeing more of around the country and the rest of the 2014 field? guest: the classic cookie-cutter republican ad. alex sink being tied to obama care. against simply run obama care in 2014. campaigns matter and candidates matter. putting forward a diffuse message with a lot of attacks is a little effective -- a little less affective. host: let's talk about the ad against jolly's campaign. [video clip] >> the spent millions on david jolly. to let insurance companies charge women more than men and deny coverage for pre-existing conditions. jolly praised the plan ending medicare plus guarantee, forcing seniors to negotiate with insurance companies. they profit, we pay the price. at the democratic national campaign is is possible for the content of this advertising. c runningsee that dcc on the affordable care act. guest: david jolly has billed himself as the county candidate runni
she supported higher taxes, too. more taxes on water and tv. alex sink -- another tax spender can'tlorida can afford -- afford. host: are those the kind of ads we will be seeing more of around the country and the rest of the 2014 field? guest: the classic cookie-cutter republican ad. alex sink being tied to obama care. against simply run obama care in 2014. campaigns matter and candidates matter. putting forward a diffuse message with a lot of attacks is a little effective -- a little less...
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Mar 3, 2014
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tea am the chairman of a party caucus in the house of representatives and for -- and formal federal tax litigation attorney for the irs. >> i think they are afraid of michele bachmann. demo that is why you are here today. >> forbes magazine and released the list of 100 most powerful women. michele bachmann is number 20. a michele bachmann is fundraising powerhouse. >> she was doing the tea party thing before tea parties were doing tea parties. she knows what she believes in. need to bring government back to you. that is the government our founding fathers gave us. stand strong, hold them accountable. >> i'm not going away. these well, congressman -- congresswoman michele bachmann. >> good morning. >> good morning. good to see you. good morning. it is so great to see you. are we having a good time? i'm so excited. i just have to let you know a head of time i cannot stay long by the i being audited irs. you know exactly what i am talking about. i am here today to say thank you americawhat you did for is stellar. it was life changing to the lifeblood of this nation. you and the movement we
tea am the chairman of a party caucus in the house of representatives and for -- and formal federal tax litigation attorney for the irs. >> i think they are afraid of michele bachmann. demo that is why you are here today. >> forbes magazine and released the list of 100 most powerful women. michele bachmann is number 20. a michele bachmann is fundraising powerhouse. >> she was doing the tea party thing before tea parties were doing tea parties. she knows what she believes in....
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Feb 28, 2014
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the costs are going up as well because washington put a new tax on medical twices like a dental crown, knee replacement, or pacemaker so right when they are getting hit with medical bills they'll get hit with a new tax as well. what a great idea. the problem is this government has grown and grown over decades. it is time to turn this around. now is the moment to guff the miles per hour people back what they need back. that is freedom from the ongoing regulation. the speaker pro tempore: the gentleman's time has expired. without objection the previous question is ordered on the motion to recommit. the question is on the motion. so many as are in favor say aye. those opposed, no. the noes have it. the gentleman from florida. recorded vote has been requested. those favoring a recorded vote will rise and be counted a. a sufficient number having arisen, a recorded vote is ordered. this five-minute vote on motion to recommit will be followed by a five-minute vote on passage if ordered. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in coope
the costs are going up as well because washington put a new tax on medical twices like a dental crown, knee replacement, or pacemaker so right when they are getting hit with medical bills they'll get hit with a new tax as well. what a great idea. the problem is this government has grown and grown over decades. it is time to turn this around. now is the moment to guff the miles per hour people back what they need back. that is freedom from the ongoing regulation. the speaker pro tempore: the...
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Feb 26, 2014
02/14
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the tax reporter for politico joins us from capitol hill. what are some of the things we know already about the proposal that chairman campbell announced >> it appears that dave camp is able to fulfil his goal of reducing the income tax rate for individuals to about 25%. we are hearing a lot of discussion about a big tax on big financial institutions and banks that could raise about $50 billion. we are also hearing different -- right now is rumor mill appear. k street is exploding with different rumors, will be on the base tax and rates you're hearing capital gain tax is -- about 40 percent of those will be exempted. lowering rates. there will be a surtax on the nation's wealthiest turner's to raise some revenue. so a lot of different -- different proposals coming of ways and means today and coming out of k-treat them those the scene analysis are seen the draft. >> what i you hearing from rank-and-file members, democrats and republicans, how are they greeting the news of a potential tax reform package? >> well, jake sherman then i reported t
the tax reporter for politico joins us from capitol hill. what are some of the things we know already about the proposal that chairman campbell announced >> it appears that dave camp is able to fulfil his goal of reducing the income tax rate for individuals to about 25%. we are hearing a lot of discussion about a big tax on big financial institutions and banks that could raise about $50 billion. we are also hearing different -- right now is rumor mill appear. k street is exploding with...
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Mar 6, 2014
03/14
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or carbon tax or not income-based tax added to our existing tax system? >> senator hatch i think the budget lays out clearly our tax policies for the next 10 years. for a number of years the president has laid out as a pulse and how we look at social security reform and i would have to follow up with you on that. >> we would appreciate that a my time is up. >> senator burr and then senator scott. >> thank you mr. secretary and welcome. mr. secretary after lois lerner disclosed last summer that the irs had been targeting conservative organizations for more than a year both you and the president stated that you were in that quote outraged by that behavior. do you stand by that comment today? >> senator i have stood by my comments that actions taken reflected bad judgments and they were unacceptable and they couldn't happen again. we put in place and acting director of the iras who did a fine job to bring things into order and we have -- we are committed to running the best irs we can possibly run. equally i'm convinced there was not any kind of malicious ac
or carbon tax or not income-based tax added to our existing tax system? >> senator hatch i think the budget lays out clearly our tax policies for the next 10 years. for a number of years the president has laid out as a pulse and how we look at social security reform and i would have to follow up with you on that. >> we would appreciate that a my time is up. >> senator burr and then senator scott. >> thank you mr. secretary and welcome. mr. secretary after lois lerner...
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Mar 6, 2014
03/14
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it has raised taxes. $550 billion annually. it has increased entitlement spending with the obama care entitlements. it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how you plan on doing that? >> the trillion dollars that occurs has been implementation. >> we have to keep this thing runs. miss lee. >> thank you very much. i apologized. i had another meeting. things got dhchanged around. i tonight believe anyone has asked you yet about the oversass account. i believe this is a so called police station holder at this point. >> there are strategies as it relates to the draw down in afghanistan. i'm very concerned that the oco has become a slush fund of wasteful spending. the pentagon reserved money even though most troops are comi
it has raised taxes. $550 billion annually. it has increased entitlement spending with the obama care entitlements. it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how...